Naturgy BAN SA (GBAN) — Capital Reinvestment Ratio
Naturgy BAN SA (GBAN) has a Capital Reinvestment Ratio of 0.73x as of December 2025, meaning it reinvests 1% of its operating cash flow (AR$31.69 Billion) in capital expenditures (AR$23.03 Billion). See Naturgy BAN SA (GBAN) net asset quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Naturgy BAN SA Capital Reinvestment Ratio (2015–2025)
This chart tracks Naturgy BAN SA's Capital Reinvestment Ratio across 10 annual periods. Check GBAN cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Naturgy BAN SA (2015–2025)
Year-by-year Capital Reinvestment Ratio for Naturgy BAN SA from 2015 to 2025. For live market cap and broader valuation context, see GBAN market cap overview.
| Year | Reinvestment Ratio | Operating CF (ARS) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.33x | AR$170.31 Billion | AR$56.39 Billion | ▲ +22.3% |
| 2024 | 0.27x | AR$125.50 Billion | AR$33.98 Billion | ▲ +42.7% |
| 2023 | 0.19x | AR$121.08 Billion | AR$22.98 Billion | ▼ -41.2% |
| 2022 | 0.32x | AR$11.62 Billion | AR$3.75 Billion | ▼ -18.0% |
| 2021 | 0.39x | AR$9.67 Billion | AR$3.80 Billion | ▲ +19.2% |
| 2020 | 0.33x | AR$6.43 Billion | AR$2.12 Billion | ▼ -46.9% |
| 2019 | 0.62x | AR$5.31 Billion | AR$3.30 Billion | ▼ -12.4% |
| 2018 | 0.71x | AR$4.66 Billion | AR$3.30 Billion | ▲ +46.6% |
| 2016 | 0.48x | AR$723.55 Million | AR$350.03 Million | ▲ +65.0% |
| 2015 | 0.29x | AR$817.83 Million | AR$239.78 Million | — |